PayPal Outages

For the fifth consecutive day, outages have affected PayPal payments, log-ins and account creations.

The technical glitch plaguing the eBay (EBAY) subsidiary has affected an untold number of users, making it hard for some online sellers to complete deals, according to the eBay website.

Since some people are able to log in while others are not, eBay spokeswoman Amanda Pires said the total number of affected users remains unclear.

With 50 million user accounts worldwide, the financial impact of the PayPal outages could be substantial.

For some reason, when I hear of persistent technical glitches associated with the Internet, I immediately suspect that they are deliberate.